6 point 6 limited
6 point 6 limited Company Information
Company Number
07946687
Next Accounts
60 days late
Industry
Computer consultancy activities
Shareholders
6point6 holdings limited
Group Structure
View All
Contact
Registered Address
30 fenchurch street, london, EC3M 3BD
Website
www.6point6.com6 point 6 limited Estimated Valuation
Pomanda estimates the enterprise value of 6 POINT 6 LIMITED at £64.3m based on a Turnover of £46.3m and 1.39x industry multiple (adjusted for size and gross margin).
6 point 6 limited Estimated Valuation
Pomanda estimates the enterprise value of 6 POINT 6 LIMITED at £55.9m based on an EBITDA of £5.8m and a 9.63x industry multiple (adjusted for size and gross margin).
6 point 6 limited Estimated Valuation
Pomanda estimates the enterprise value of 6 POINT 6 LIMITED at £46.7m based on Net Assets of £20.4m and 2.29x industry multiple (adjusted for liquidity).
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6 Point 6 Limited Overview
6 Point 6 Limited is a live company located in london, EC3M 3BD with a Companies House number of 07946687. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in February 2012, it's largest shareholder is 6point6 holdings limited with a 100% stake. 6 Point 6 Limited is a established, large sized company, Pomanda has estimated its turnover at £46.3m with high growth in recent years.
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6 Point 6 Limited Health Check
Pomanda's financial health check has awarded 6 Point 6 Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £46.3m, make it larger than the average company (£1.2m)
£46.3m - 6 Point 6 Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (4.9%)
29% - 6 Point 6 Limited
4.9% - Industry AVG
Production
with a gross margin of 37.8%, this company has a higher cost of product (48.9%)
37.8% - 6 Point 6 Limited
48.9% - Industry AVG
Profitability
an operating margin of 12.1% make it more profitable than the average company (7.2%)
12.1% - 6 Point 6 Limited
7.2% - Industry AVG
Employees
with 245 employees, this is above the industry average (12)
245 - 6 Point 6 Limited
12 - Industry AVG
Pay Structure
on an average salary of £102.9k, the company has a higher pay structure (£56.3k)
£102.9k - 6 Point 6 Limited
£56.3k - Industry AVG
Efficiency
resulting in sales per employee of £189k, this is more efficient (£123.7k)
£189k - 6 Point 6 Limited
£123.7k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is near the average (66 days)
64 days - 6 Point 6 Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (31 days)
13 days - 6 Point 6 Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 6 Point 6 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (19 weeks)
25 weeks - 6 Point 6 Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.4%, this is a lower level of debt than the average (58.4%)
25.4% - 6 Point 6 Limited
58.4% - Industry AVG
6 POINT 6 LIMITED financials
6 Point 6 Limited's latest turnover from February 2023 is £46.3 million and the company has net assets of £20.4 million. According to their latest financial statements, 6 Point 6 Limited has 245 employees and maintains cash reserves of £3.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 46,308,000 | 32,638,000 | 26,979,000 | 21,405,000 | 16,173,000 | 14,522,000 | 9,923,000 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 28,803,000 | 22,293,000 | 15,806,000 | 14,487,000 | 11,986,000 | 10,224,000 | 7,052,000 | ||||
| Gross Profit | 17,505,000 | 10,345,000 | 11,173,000 | 6,918,000 | 4,187,000 | 4,298,000 | 2,871,000 | ||||
| Admin Expenses | 11,898,000 | 9,780,000 | 5,396,000 | 5,879,000 | 4,335,000 | ||||||
| Operating Profit | 5,607,000 | 565,000 | 5,777,000 | 1,039,000 | -148,000 | ||||||
| Interest Payable | 0 | 2,000 | 10,000 | 13,000 | 3,000 | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 80,000 | 31,000 | 0 | 0 | ||||
| Pre-Tax Profit | 5,607,000 | 563,000 | 5,767,000 | 1,106,000 | -120,000 | 723,000 | 460,000 | ||||
| Tax | 482,000 | 4,080,000 | -234,000 | 573,000 | 902,000 | -146,000 | -99,000 | ||||
| Profit After Tax | 6,089,000 | 4,643,000 | 5,533,000 | 1,679,000 | 782,000 | 577,000 | 361,000 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 6,089,000 | 4,643,000 | 5,533,000 | 1,679,000 | 782,000 | 577,000 | 361,000 | ||||
| Employee Costs | 25,200,000 | 19,580,000 | 15,239,000 | 10,840,000 | 6,466,000 | 2,800,000 | 1,434,000 | ||||
| Number Of Employees | 245 | 201 | 159 | 108 | 56 | 27 | 18 | ||||
| EBITDA* | 5,801,000 | 741,000 | 5,953,000 | 1,143,000 | -92,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 391,000 | 236,000 | 344,000 | 248,000 | 141,000 | 66,000 | 20,000 | 15,570 | 15,004 | 774 | 0 |
| Intangible Assets | 0 | 0 | 413,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 1,940,000 | 1,940,000 | 0 | 137,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 9,994,000 | 4,643,000 | 0 | 0 | 1,557,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,385,000 | 4,879,000 | 2,697,000 | 2,188,000 | 1,698,000 | 203,000 | 20,000 | 15,570 | 15,004 | 774 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,188,000 | 5,528,000 | 3,358,000 | 3,671,000 | 2,962,000 | 2,460,000 | 2,474,000 | 1,416,760 | 1,032,205 | 347,115 | 290,765 |
| Group Debtors | 0 | 1,945,000 | 21,000 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,433,000 | 3,554,000 | 1,261,000 | 1,063,000 | 470,000 | 320,000 | 112,000 | 166,974 | 0 | 0 | 0 |
| Cash | 3,352,000 | 3,494,000 | 7,536,000 | 541,000 | 606,000 | 645,000 | 34,000 | 1,010,696 | 404,907 | 87,274 | 25,305 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 16,973,000 | 14,521,000 | 12,176,000 | 5,287,000 | 4,038,000 | 3,425,000 | 2,620,000 | 2,594,430 | 1,437,112 | 434,389 | 316,070 |
| total assets | 27,358,000 | 19,400,000 | 14,873,000 | 7,475,000 | 5,736,000 | 3,628,000 | 2,640,000 | 2,610,000 | 1,452,116 | 435,163 | 316,070 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,082,000 | 1,517,000 | 838,000 | 1,129,000 | 3,007,000 | 1,233,000 | 1,021,000 | 1,206,797 | 1,110,475 | 290,607 | 276,440 |
| Group/Directors Accounts | 0 | 0 | 0 | 138,000 | 0 | 0 | 0 | 41 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 81,000 | 81,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,854,000 | 3,550,000 | 4,128,000 | 1,788,000 | 0 | 802,000 | 676,000 | 821,701 | 0 | 0 | 0 |
| total current liabilities | 6,936,000 | 5,067,000 | 5,047,000 | 3,136,000 | 3,007,000 | 2,035,000 | 1,697,000 | 2,028,539 | 1,110,475 | 290,607 | 276,440 |
| loans | 0 | 0 | 136,000 | 207,000 | 276,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 4,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,114 | 3,000 | 0 | 0 |
| total long term liabilities | 0 | 0 | 136,000 | 207,000 | 276,000 | 0 | 4,000 | 3,114 | 3,000 | 0 | 0 |
| total liabilities | 6,936,000 | 5,067,000 | 5,183,000 | 3,343,000 | 3,283,000 | 2,035,000 | 1,701,000 | 2,031,653 | 1,113,475 | 290,607 | 276,440 |
| net assets | 20,422,000 | 14,333,000 | 9,690,000 | 4,132,000 | 2,453,000 | 1,593,000 | 939,000 | 578,347 | 338,641 | 144,556 | 39,630 |
| total shareholders funds | 20,422,000 | 14,333,000 | 9,690,000 | 4,132,000 | 2,453,000 | 1,593,000 | 939,000 | 578,347 | 338,641 | 144,556 | 39,630 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 5,607,000 | 565,000 | 5,777,000 | 1,039,000 | -148,000 | ||||||
| Depreciation | 194,000 | 176,000 | 176,000 | 104,000 | 56,000 | 20,000 | 19,000 | 11,825 | 7,692 | 387 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 482,000 | 4,080,000 | -234,000 | 573,000 | 902,000 | -146,000 | -99,000 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 7,945,000 | 11,030,000 | -106,000 | -243,000 | 2,209,000 | 194,000 | 1,002,266 | 551,529 | 685,090 | 56,350 | 290,765 |
| Creditors | -435,000 | 679,000 | -291,000 | -1,878,000 | 1,774,000 | 212,000 | -185,797 | 96,322 | 819,868 | 14,167 | 276,440 |
| Accruals and Deferred Income | 2,304,000 | -578,000 | 2,340,000 | 1,788,000 | -802,000 | 126,000 | -145,701 | 821,701 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -3,114 | 114 | 3,000 | 0 | 0 |
| Cash flow from operations | 207,000 | -6,108,000 | 7,874,000 | 1,869,000 | -427,000 | ||||||
| Investing Activities | |||||||||||
| capital expenditure | -66,000 | -23,000 | |||||||||
| Change in Investments | 0 | -1,940,000 | 0 | 1,940,000 | -137,000 | 137,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -203,000 | -23,000 | |||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -138,000 | 138,000 | 0 | 0 | -41 | 41 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -81,000 | 0 | 81,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -136,000 | -71,000 | -69,000 | 276,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -4,000 | 4,000 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | -2,000 | -10,000 | 67,000 | 28,000 | 0 | 0 | ||||
| cash flow from financing | 0 | -219,000 | -194,000 | 217,000 | 382,000 | 73,000 | 3,612 | ||||
| cash and cash equivalents | |||||||||||
| cash | -142,000 | -4,042,000 | 6,995,000 | -65,000 | -39,000 | 611,000 | -976,696 | 605,789 | 317,633 | 61,969 | 25,305 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -142,000 | -4,042,000 | 6,995,000 | -65,000 | -39,000 | 611,000 | -976,696 | 605,789 | 317,633 | 61,969 | 25,305 |
6 point 6 limited Credit Report and Business Information
6 Point 6 Limited Competitor Analysis
Perform a competitor analysis for 6 point 6 limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in EC3M area or any other competitors across 12 key performance metrics.
6 point 6 limited Ownership
6 POINT 6 LIMITED group structure
6 Point 6 Limited has no subsidiary companies.
Ultimate parent company
2 parents
6 POINT 6 LIMITED
07946687
6 point 6 limited directors
6 Point 6 Limited currently has 3 directors. The longest serving directors include Mr Gareth Newton (Dec 2023) and Mr Malcolm Fernandes (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Newton | 55 years | Dec 2023 | - | Director | |
| Mr Malcolm Fernandes | 51 years | Dec 2023 | - | Director | |
| Mr Derek Simpson | 63 years | Dec 2023 | - | Director |
P&L
February 2023turnover
46.3m
+42%
operating profit
5.6m
+892%
gross margin
37.9%
+19.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
20.4m
+0.42%
total assets
27.4m
+0.41%
cash
3.4m
-0.04%
net assets
Total assets minus all liabilities
6 point 6 limited company details
company number
07946687
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
February 2012
age
13
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
30 fenchurch street, london, EC3M 3BD
Bank
HSBC BANK PLC
Legal Advisor
-
6 point 6 limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to 6 point 6 limited. Currently there are 2 open charges and 0 have been satisfied in the past.
6 point 6 limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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6 point 6 limited Companies House Filings - See Documents
| date | description | view/download |
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